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What it means for investors? Roblox's solid growth in 2023 should remove investors' concerns about the viability of its business model. Still, buying its stock today is not without risks.
Roblox has been a hot topic in an emerging industry. The metaverse has yet to reach the mainstream. Buying Roblox's stock today is risky. While the bulls cheer the company for its potential, the ...
2. Roblox's valuation is pricing in a perfect outcome Despite its lack of profits, Roblox is trading at a premium, recently at roughly 21 times the price-to-sales (P/S) ratio.
The indiscriminate selloff in tech stocks has created some contrarian buying opportunities. Read why Roblox is a tech name to consider.
2. Roblox's valuation is pricing in a perfect outcome Despite its lack of profits, Roblox is trading at a premium, recently at roughly 21 times the price-to-sales (P/S) ratio.
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